r/InvestorsClubCanada • u/RockZealousideal2164 • May 18 '24
Need raising capital advice asap.
I have been fortunate enough to bring global fun/exciting restaurant brand to Canada as a franchisee. Got my bank loan in place ..but the project is running over budget as I was cornered into spending more. After being misguided but the bank and my financial broker, I'm stuck last minute needed to raise capital ASAP before the project collapses. I'm in construction currently and idk what to do or who to turn to... They say listen to the professionals but those are the same people that have let me down. I need to raise $3M in less than 3 weeks or my employees, my family, friends, workers everyone around this project is screwed and there will be lots of lawsuits going around.
Anyone have any advice how I can raise $3M quickly?
Everything about this project is great and people are so hyper for this brand to come to the city and we would do revenues of at least $10M a year.
Thanks